J EPSTEIN FOUNDATION INC: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
J EPSTEIN FOUNDATION INC (EIN 22-3496220)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-02-25
IRS object ID
201300569349100005
Schema version
2012v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-02-25T13:30:47-06:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN221478099EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line123 CHRISTOPHER WAYAddressLine1
CityEATONTOWNCity
StateNJState
ZIP Code07724ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN223496220EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE J EPSTEIN FOUNDATION INCBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlJEPSNameControl
Phone7325310505Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line14 BERINGER ROADAddressLine1
CityDEALCity
StateNJState
ZIP Code07723ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMONROE EPSTEINName
TitleTRUSTEETitle
Phone7325310505Phone
Date Signed2013-02-18DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameMORRIS I PINKOWITZ CPAName
PTINP00177460PTIN
Phone7325780700Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY167470FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Dividends Rev And Expnss199DividendsRevAndExpnss
Dividends Net Invst Incm199DividendsNetInvstIncm
Capital Gain Net Incm Net Invst Incm0CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses199TotalRevenueAndExpenses
Total Net Investment Income199TotalNetInvestmentIncome
Comp Ofcr Dir Trst Rev And Expnss0CompOfcrDirTrstRevAndExpnss
Comp Ofcr Dir Trst Net Invst Incm0CompOfcrDirTrstNetInvstIncm
Comp Ofcr Dir Trst Dsbrs Chrtbl Prps0CompOfcrDirTrstDsbrsChrtblPrps
Accounting Fees Rev And Expnss1850AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm925AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps925AccountingFeesDsbrsChrtblPrps
Other Expenses Rev And Expnss80OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm80OtherExpensesNetInvstIncm
Other Expenses Dsbrs Chrtbl Prps0OtherExpensesDsbrsChrtblPrps
Tot Opr Expenses Rev And Expnss1930TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm1005TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps925TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss4000ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps4000ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss5930TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm1005TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps4925TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-5731ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY173212SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY167470SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV167470SavingsAndTempCashInvstEOYFMV
Total Assets BOY173212TotalAssetsBOY
Total Assets EOY167470TotalAssetsEOY
Total Assets EOYFMV167470TotalAssetsEOYFMV
Other Liabilities BOY11OtherLiabilitiesBOY
Other Liabilities EOY0OtherLiabilitiesEOY
Total Liabilities BOY11TotalLiabilitiesBOY
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Capital Stock BOY0CapitalStockBOY
Capital Stock EOY0CapitalStockEOY
Paid In Or Capital Surplus BOY0PaidInOrCapitalSurplusBOY
Paid In Or Capital Surplus EOY0PaidInOrCapitalSurplusEOY
Retained Earnings BOY173201RetainedEarningsBOY
Retained Earnings EOY167470RetainedEarningsEOY
Total Net Assets BOY173201TotalNetAssetsBOY
Total Net Assets EOY167470TotalNetAssetsEOY
Total Liabilities Net Assets BOY173212TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY167470TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY173201TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-5731ExcessOfRevenueOverExpenses
Other Increases0OtherIncreases
Subtotal167470Subtotal
Other Decreases0OtherDecreases
Total Net Assets Fund Balances EOY167470TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 Tax0LiableFor4942Tax
Qualifying Distributions Year1897QualifyingDistributionsYear1
Noncharitable Assets Year1171219NoncharitableAssetsYear1
Distribution Ratio Year10.005239DistributionRatioYear1
Qualifying Distributions Year27545QualifyingDistributionsYear2
Noncharitable Assets Year2174974NoncharitableAssetsYear2
Distribution Ratio Year20.043121DistributionRatioYear2
Qualifying Distributions Year311289QualifyingDistributionsYear3
Noncharitable Assets Year3184189NoncharitableAssetsYear3
Distribution Ratio Year30.061290DistributionRatioYear3
Qualifying Distributions Year49937QualifyingDistributionsYear4
Noncharitable Assets Year4174076NoncharitableAssetsYear4
Distribution Ratio Year40.057084DistributionRatioYear4
Qualifying Distributions Year50QualifyingDistributionsYear5
Noncharitable Assets Year5184771NoncharitableAssetsYear5
Distribution Ratio Year50.000000DistributionRatioYear5
Total Distribution Ratio0.166734TotalDistributionRatio
Average Distribution Ratio0.033347AverageDistributionRatio
Net Noncharitable Assets169254NetNoncharitableAssets
Adjusted Noncharitable Assets5644AdjustedNoncharitableAssets
One Percent Net Investment Income0OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One5644AdjNonchrtblAssetsAndOnePct
Qualifying Distributions4925QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax0InvestmentIncomeExciseTax
Tax Under Section5110TaxUnderSection511
Subtotal0Subtotal
Subtitle A Tax0SubtitleATax
Tax Based On Investment Income0TaxBasedOnInvestmentIncome
Total Credits And Payments0TotalCreditsAndPayments
Tax Due0TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political Activities0LegislativePoliticalActivities
More Than100 Spent0MoreThan100Spent
Form1120 POL Filed0Form1120POLFiled
Sect4955 Tax On Organization0Sect4955TaxOnOrganization
Sect4955 Tax On Managers0Sect4955TaxOnManagers
Reimbursement Of Tax0ReimbursementOfTax
Activities Not Prev Reported0ActivitiesNotPrevReported
Changes To Articles Or Bylaws0ChangesToArticlesOrBylaws
Unrelated Bus Income Over10000UnrelatedBusIncomeOver1000
Termination Etc0TerminationEtc
Requirements Of Sect508e0RequirementsOfSect508e
At Least5000 In Assets1AtLeast5000InAssets
States Filed WithNJStatesFiledWith
Form990 PF Filed With AG1Form990PFFiledWithAG
Private Operating Foundation0PrivateOperatingFoundation
New Substantial Contributors0NewSubstantialContributors
Interest In Controlled Entity0InterestInControlledEntity
Applicable Insurance Contract0ApplicableInsuranceContract
Comply With Public Inspection Rqr1ComplyWithPublicInspectionRqr
Website AddressWWW.JCC.YEHUD.COMWebsiteAddress
Books In Care Of Person NameMONROE EPSTEINBooksInCareOfPersonName
Books In Care Of Phone Number7325310505BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line14 BERINGER ROADAddressLine1
CityDEALCity
StateNJState
ZIP Code07723ZIPCode
FieldValueIRS element (for citing)
Foreign Bank0ForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly Person0SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person0BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person0FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person0PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person0TransferAssetsToDsqflyPerson
Payment To Government Offical0PaymentToGovernmentOffical
Uncorrected Prior Acts0UncorrectedPriorActs
Undistributed Income Prior Years0UndistributedIncomePriorYears
Business Holdings0BusinessHoldings
Jeopardy Investments0JeopardyInvestments
Uncorrected Jeopardy Investments0UncorrectedJeopardyInvestments
Influence Legislation0InfluenceLegislation
Influence Election0InfluenceElection
Grants To Individuals0GrantsToIndividuals
Grants To Organizations0GrantsToOrganizations
Noncharitable Purpose0NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract0RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract0PayPremiumsPrsnlBnftContract
Prohibited Tax Shelter Transactn0ProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
BARRY EPSTEIN
4 BERINGER ROADDEALNJ07723TRUSTEE0.50000
MONROE EPSTEIN
4 BERINGER ROADDEALNJ07723TRUSTEE0.50000
SUSAN EPSTEIN
4 BERINGER ROADDEALNJ07723TRUSTEE0.50000
PAUL EPSTEIN
4 BERINGER ROADDEALNJ07723TRUSTEE0.50000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Tot Number Of Oth Empl Paid Over50k0TotNumberOfOthEmplPaidOver50k
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE
Tot Number Of Cntrct Paid Over50k0TotNumberOfCntrctPaidOver50k

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Total0Total

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities0AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances171831AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets171831TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Acquisition Indebtedness0AcquisitionIndebtedness
Adj Total FMV Of Unused Assets171831AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable2577CashDeemedCharitable
Net Noncharitable Assets169254NetNoncharitableAssets
Minimum Investment Return8463MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return8463MinimumInvestmentReturn
Total Tax0TotalTax
Distributable Amount Before Adj8463DistributableAmountBeforeAdj
Recoveries Qlfy Distributions0RecoveriesQlfyDistributions
Distributable Amount Before Ded8463DistributableAmountBeforeDed
Deduction Fr Distributable$0DeductionFrDistributableAmount
Distributable Amount As Adjusted8463DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions4925ExpensesAndContributions
Program Related Investments Total0ProgramRelatedInvestmentsTotal
Qualifying Distributions4925QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm0OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions4925AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted8463DistributableAmountAsAdjusted
Undistributed Income Prior Year4157UndistributedIncomePriorYear
Total For Prior Years0TotalForPriorYears
Total Excess Distri Carryover0TotalExcessDistriCarryover
Qualifying Distributions4925QualifyingDistributions
Applied To Year14157AppliedToYear1
Applied To Prior Years0AppliedToPriorYears
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year768AppliedToCurrentYear
Remaining Distri From Corpus0RemainingDistriFromCorpus
Excess Distri Cyov App CY Corpus0ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY0ExcessDistriCyovAppliedCY
Total Corpus0TotalCorpus
Prior Year Undistributed Income0PriorYearUndistributedIncome
Prior Year Deficiency Or Tax0PriorYearDeficiencyOrTax
Taxable Amount10TaxableAmount1
Taxable Amount20TaxableAmount2
Undistributed Income CY7695UndistributedIncomeCY
Distri From Corpus170b1 E Or4942g30DistriFromCorpus170b1EOr4942g3
Excess Distri Cyov From Year50ExcessDistriCyovFromYear5
Excess Distri Cyov To Next Year0ExcessDistriCyovToNextYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1MONMOUTH UNIVERSITYBusinessNameLine1

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1400 CEDAR AVENUEAddressLine1
CityWEST LONG BRANCHCity
StateNJState
ZIP Code077649980ZIPCode
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationship
Recipient Foundation Status501(C)(3)RecipientFoundationStatus
Purpose Of Grant Or ContributionCHARITABLE DONATIONPurposeOfGrantOrContribution
Amount$4,000Amount
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year4000TotGrantOrContriPaidDuringYear
Tot Grant Or Contri Approved Future0TotGrantOrContriApprovedFuture

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$199ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Unrelated Business Income$0UnrelatedBusinessIncomeAmount
Exclusion$199ExclusionAmount
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA199TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EO0TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO0TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO0PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc0RentalOfFacilitiesEtc
Reimbursement Arrangements0ReimbursementArrangements
Loans Or Loan Guarantees0LoansOrLoanGuarantees
Performance Of Services Etc0PerformanceOfServicesEtc
Sharing Of Facilities Etc0SharingOfFacilitiesEtc
Relationships Noncharitable E Os0RelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
CategoryJ H COHNCategory
Amount$1,850Amount
Net Investment Income925NetInvestmentIncome
Disbursements Charitable Prps925DisbursementsCharitablePrps

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionMERRILL LYNCH EMA ANNUAL FEEDescription
Revenue And Expenses Per Books80RevenueAndExpensesPerBooks
Net Investment Income80NetInvestmentIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionCHECK WRITTEN BUT NEVER CLEAREDDescription
BOY Book Value11BOYBookValue
EOY Book Value0EOYBookValue

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